WSFX Global Pay Ltd

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NSEBSE
Stock not tradded

82.25-0.55 (-0.66%)

04:01 PM,29th Feb 2024

BSE : 511147

NSE :

Sector : Financials

ISIN Code : INE549D01012

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Last Updated: Feb 29 2024 | 04:01 PM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

10

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

0.00

All Time High Date

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All Time Low

0.00

All Time Low Date

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WSFX Global Pay Ltd

WSFX Global Pay Limited (Formerly known as Wall Street Finance Limited) was established as a Public Limited Company in 1986. The Company is a premier financial services company with forex domain. The Company engages in the buying and selling of foreign currencies travellers' cheques prepaid cards remittances and various forex-related services. The Reserve Bank of India (RBI) has granted license to operate as an Authorised Dealer Category-II and holds a valid license till 31st December 2023.Apart from these the Company offers financial services like fixed deposits leasing hire purchase auto finance portfolio management and bill discounting. The Company is promoted by the House of Patel's. It has over 1000 centres in India and associates in Hong Kong Singapore Dubai London New York and Sydney through which the company markets primary issues. It was the first company in India to be given a full-fledged money changers license by the RBI and is now operating in 16 centres nation-wide. The company has been granted four additional licences and 2 more mobile licences.The Company is a Corporate Member of the Vadodara Stock Exchange and has transferred this membership to the newly floated Wall Street Capital Markets.The company plans to set up a 100% subsidiary in Mauritius Wall Street Finance (Mauritius) to raise funds abroad partly for various portfolio investments in India and to expand business activities in other parts of the world. The company is also venturing into inward money remittances for which it has applied to the RBI.During the year 1999-2000 the Company issued 6 lakh Cumulative Convertible Preference shares of Rs. 100 each to OCBs/Promoters for repayment of deposits and retirement of high cost debts.During the period 2000-01 Wall Street Securities & Investments (India) Limited (the erstwhile Wall Street Capital Markets Limited) ceased to be the Subsidiary of the Company upon the allotment of equity shares to an Overseas Corporate Body (OCB) in terms of the approval received from the Foreign Investment Promotion Board. Due to Wall Street Securities & Investments (India) Limited ceasing to be the Subsidiary of the Company Wall Street.Com India Limited the Subsidiary of the said Wall Street Securities & Investments (India) Limited also ceased to be the Subsidiary of the Company.The Company added two new branches in the city of Mumbai to offer all its products. With this the total number of licensed branches increased to 23 during the year 2003. During year 2006 Company started two new business lines namely Mutual Fund Distribution and Portfolio Management Services. In 2006-07 it formed two fully owned subsidiaries for obtaining necessary memberships of the National Stock Exchange (NSE) and Multi-Commodity Exchange/NCDEX.During the year 2009-10 to segregate business divisions the Scheme of Arrangement between the Company and Goldman Securities Private Limited (GSPL) the wholly owned subsidiary of the Company for transferring the Instant Cash Division of the Company into GSPL was made effective from 24th August 2009.On 7th September 2009 Spice Investments and Finance Advisors Pvt. Ltd. (SIFAPL) acquired from a Constituent of the Group known as the House of Patels the then Promoters of the Company and from the Open Market 5928650 Equity Shares constituting 51% of the Share Capital of the Company. SIFAPL acquired further 1243852 Equity Shares on 8th October 2009 thus taking their holding to 61.70% of the Share Capital of the Company. Consequent upon acquisition of majority stake the Open Offer closed on 8th February 2010 and from that date SIFAPL along with other Constituents of the SPICE Group of Companies became the New Promoters of the Company. After acquiring 51392 equity shares offered by the shareholders of the Company in the Open Offer SIFAPL held 7223894 Equity Shares constituting 62.14% of the Share Capital of the Company. Resulting to this the name of the Company was changed from Wall Street Finance Limited to `Spice Money Limited'. Thereafter SIFAPL acquired a majority stake in the Company and consequently Company was made a subsidiary of SIFAPL.The Company increased its branch network from 61 to 71 during the year 2010-11. During 2011-12 the Company divested the investment of 5110000 equity shares of Rs. 10/- each held in GSPL to Spice Investments and Finance Advisors Pvt. Ltd. at par value amounting to Rs. 511 lacs. Consequently Goldman Securities Pvt. Ltd. ceases to be a subsidiary of the Company with effect from 30th September 2011.During the year 2013-14 a wholly owned Subsidiary Company named `S GLOBAL INSURANCE ADVISORY LIMITED' was incorporated on 16th July 2013.During 2015-16 the Company acquired 100% equity shares of Goldman Securities Private Limited (GSPL) on 14th December 2015. During the year 2023 the Company changed its name from Wall Street Finance Limited to WSFX Global Pay Limited.

WSFX Global Pay Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

95

EPS - TTM (₹) [S]

3.12

P/E Ratio (X) [S]

3.14

Face Value (₹) 10
Latest Dividend (%)15.00
Latest Dividend Date 09 Sep 2020
Dividend Yield (%) -
Book Value Share (₹) [S]26.17
P/B Ratio (₹) [S]3.14
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

80.05

82.45

Week Low/High

76.90

86.00

Month Low/High

60.92

90.00

Year Low/High

26.50

94.00

All time Low/High

0.70

123.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-1.77%%-0.90-1.06%
1 Month22.82%%0.781.13%
3 Month35.91%%8.379.39%
6 Month51.61%%11.4113.65%
1 Year155.04%%22.9627.04%
3 Year470.78%%47.6651.30%

Company Info

Company Information

Independent Director : Brij Gopal Daga

Chairman (Non-Executive) : RAMESH VENKATARAMAN

Independent Director : Asha Shah

Whole Time Director & CEO : Narasimhan Srikrishna

Company Sec. & Compli. Officer : Manisha Swami

Registered Office: Off No 113-122 1 st Floor, A Wing Chintamani Plaza Chakal,Mumbai,Maharashtra-400063 Ph: 91-22-62709600

Email:grievances@spicemoney.in

URL:http://www.wsfx.in